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Iron ore 62% Fe for sale.

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160 USD
Country: Germany
City: Hamburg

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note_add 14/03/2021
update 14/03/2021
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Offer Description - Iron ore 62% Fe for sale.

I am a majority owner of an Iron ore mine (62% Fe content) with a proven reserve of 252 million MT Iron ore. Company is based in western Europe and the mine is based in West Africa. I am going to start developing the iron ore mine. Development time 12 to 18 months. Can be a bit longer. But not more than 24 months. Planned capacity is 4 million MT per year in the first year and increase it to 6 million MT per year gradually. Looking for iron and steel companies to sign long term contract (minimum 5 years. Open to negotiate maximum 10 year supply contract). Interested companies can contact me for more details. After signing NDA, I can disclose you all the details of the project. For investors, a long term supply contract with discount on LME prices and 5 times ROI can be negotiated.

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